Elo Mutual Pension Insurance Co Grows Holdings in Mondelez International, Inc. $MDLZ

Elo Mutual Pension Insurance Co increased its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 29.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 139,525 shares of the company’s stock after acquiring an additional 31,791 shares during the quarter. Elo Mutual Pension Insurance Co’s holdings in Mondelez International were worth $8,716,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of MDLZ. Norges Bank purchased a new position in shares of Mondelez International during the second quarter valued at approximately $1,239,834,000. JPMorgan Chase & Co. increased its position in Mondelez International by 17.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock valued at $4,347,170,000 after buying an additional 10,137,457 shares in the last quarter. First Trust Advisors LP raised its stake in Mondelez International by 197.9% during the second quarter. First Trust Advisors LP now owns 4,066,155 shares of the company’s stock valued at $274,221,000 after buying an additional 2,701,229 shares during the last quarter. Federated Hermes Inc. raised its stake in Mondelez International by 2,080.4% during the third quarter. Federated Hermes Inc. now owns 2,466,984 shares of the company’s stock valued at $154,112,000 after buying an additional 2,353,841 shares during the last quarter. Finally, Corient Private Wealth LLC boosted its holdings in Mondelez International by 88.1% in the second quarter. Corient Private Wealth LLC now owns 4,312,887 shares of the company’s stock worth $290,862,000 after acquiring an additional 2,020,135 shares in the last quarter. Institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Down 1.9%

MDLZ opened at $60.44 on Tuesday. The company has a quick ratio of 0.39, a current ratio of 0.59 and a debt-to-equity ratio of 0.67. The firm has a 50 day moving average price of $57.75 and a 200-day moving average price of $58.88. Mondelez International, Inc. has a twelve month low of $51.20 and a twelve month high of $71.15. The stock has a market capitalization of $77.47 billion, a price-to-earnings ratio of 32.15, a PEG ratio of 2.57 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.02. The company had revenue of $10.50 billion for the quarter, compared to analysts’ expectations of $10.32 billion. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. The firm’s quarterly revenue was up 9.3% on a year-over-year basis. During the same quarter last year, the company posted $0.65 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Equities research analysts forecast that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Tuesday, March 31st will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date is Tuesday, March 31st. Mondelez International’s dividend payout ratio is 106.38%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on MDLZ. Stifel Nicolaus lowered their price target on Mondelez International from $70.00 to $68.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. Wall Street Zen upgraded shares of Mondelez International from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. DA Davidson reiterated a “neutral” rating and issued a $62.00 target price on shares of Mondelez International in a research note on Wednesday, February 4th. Mizuho cut their price target on shares of Mondelez International from $70.00 to $67.00 and set an “outperform” rating on the stock in a report on Thursday, January 8th. Finally, Argus upgraded shares of Mondelez International to a “hold” rating in a report on Thursday, February 12th. Thirteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $67.06.

Insiders Place Their Bets

In other Mondelez International news, EVP Gustavo Carlos Valle sold 3,000 shares of the stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $62.00, for a total value of $186,000.00. Following the transaction, the executive vice president owned 99,596 shares of the company’s stock, valued at approximately $6,174,952. This represents a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.41% of the company’s stock.

Mondelez International Company Profile

Mondelez International is a global snacks company headquartered in Chicago, Illinois, formed in 2012 when Kraft Foods split to create a business focused on snack foods and a separate North American grocery company. Mondelez develops, manufactures, markets and distributes a broad portfolio of snack products intended for retail, foodservice and e‑commerce channels around the world.

The company’s product mix centers on biscuits and cookies, chocolate and confectionery, gum and candy, and savory crackers and baked snacks.